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Forex prop firm · review & rules

Lark Funding

7.6/ 10

A Montreal forex sim-funder with a static drawdown (it doesn't trail up), no consistency rule to pass, EAs allowed and a monthly base reward on top of profit split. The catches are a weekend-holding paid add-on (else everything force-closes Friday), a 5 PM EST daily-loss snapshot, hidden conditions on the monthly stipend, and a $40 fee per payout.

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The FundedWiki verdict

7.6/10

A flexible forex sim-funder with a static (non-trailing) drawdown, no consistency rule to pass and EAs allowed — but the weekend add-on, the 5 PM EST daily snapshot and the stipend's fine print are easy to miss.

Pros

  • Static max drawdown — it doesn't ratchet up as you profit
  • No consistency rule to pass; EAs allowed (HFT/arbitrage excepted)
  • Monthly base reward ($50–$1,000) on top of the profit split
  • Overnight holding allowed; 80% split scalable to 90% (Instant 90%)

Watch out

  • Weekend holding is a paid add-on (10% of fee) — otherwise positions force-close 3:45 PM EST Friday
  • Daily loss limit snapshots at 5:00 PM EST and is a hard breach
  • The 'no consistency' claim applies to the pass — the monthly stipend has hidden conditions; $40 per payout

Best for: Forex traders who want a static drawdown and EA freedom with a monthly stipend — and who buy the weekend add-on if they swing and mind the 5 PM EST daily snapshot.

Bottom line: Trader-friendly drawdown and EA rules with a stipend bonus; just budget for the weekend add-on and the $40 payout fee.

Quick facts

Account sizes$10K – $200K
Profit split80% (up to 90%); Instant 90%
Max scaling$400K combined (reported; $1M marketed)
PlatformscTrader, DXtrade, Match-Trader
InstrumentsForex, Metals, Indices, Crypto, Stock CFDs
PayoutsEvery 14 days; $40 Riseworks fee; min $100 (reported)

Challenge plans at a glance

PlanTypeMax DDDailyTargetsMin days
1-Step Career Evaluation1-Step7% static5%10%0
3-Step Evaluation3-Step5% static0%5% → 4% → 3%0
Instant FundingInstant8% trailing5%0

The rules, one by one

DrawdownConditionalVoids accountVerified

Maximum drawdown (static)

The 1-Step drawdown is STATIC and does not trail — it's 7% of the initial balance, calculated off the initial balance (e.g., a $100k account that grows to $105k can still draw down to $93k). The 3-Step is 5% static. Instant uses an ~8% drawdown that locks/converts after your first withdrawal.

Gotcha: Because it's static, profit doesn't tighten your floor — but it also never gives you extra room as the balance grows.

DrawdownConditionalVoids accountVerified

Daily loss limit (5 PM EST snapshot)

5% of the account balance, calculated from the balance snapshot at 5:00 PM EST — hitting it is a hard breach. Applies to 1-Step and Instant; the 3-Step is reported to have no daily loss limit.

Gotcha: The daily reset boundary is the 5:00 PM EST snapshot, not midnight or broker rollover.

ConsistencyConditionalPayout deniedHidden ruleVerified

Consistency rule

No consistency rule for the standard pass — Lark markets 'no consistency rules'. But the monthly base reward ($50–$1,000 stipend) carries consistency-style conditions: keep drawdown better than −3.5% AND log at least 3 profitable trading days of ≥0.5% each, evaluated every 30 days. This gates the stipend, not the profit-split payout.

Gotcha: The 'no consistency' claim applies to the pass — the monthly stipend has hidden drawdown and profitable-day conditions.

News tradingConditionalWarningVerified

News trading

Allowed during news events, with no fixed time windows or position caps published — but opening outsized positions around high-impact news can trip the 'all-or-nothing' prohibited-strategy clause.

Weekend holdingConditionalWarningHidden ruleVerified

Weekend & overnight holding

Overnight holding is allowed (swap charges apply unless swap-free). Weekend holding is NOT allowed by default — you need the paid 'Hold Over The Weekend' add-on (10% of the account fee); without it, all positions and pending orders auto-close at 3:45 PM EST Friday.

Gotcha: Weekend holding is a paid add-on — without it everything force-closes Friday at 3:45 PM EST.

EAs & algosConditionalVoids accountVerified

EAs & copy trading

EAs are generally allowed (there is no public API — you bridge to DXtrade/cTrader/Match-Trader at your own risk), but HFT and arbitrage EAs are strictly prohibited. Copy trading: during evaluation you may copy from an external account to ONE Lark eval account only; once funded/Instant you may copy across multiple accounts. Account management by others and signal/account-passing services are banned.

Prohibited strategiesForbiddenVoids accountHidden ruleVerified

All-or-nothing, HFT, group hedging

Prohibited: all-or-nothing/gambling-style trading (a single trade that could blow the drawdown), HFT, reverse/group hedging across accounts, unauthorized copy/group trading and signal/account-passing, arbitrage/latency EAs, and holding share-CFDs through earnings/dividend releases. Martingale, grid and classic single-account hedging appear permitted.

Gotcha: A Terms/prohibited-strategy violation is a permanent ban from future evaluations — harsher than an ordinary drawdown breach (which just needs a new account).

InactivityConditionalVoids accountReported

Inactivity

30 days with no trades makes the account inactive/terminated — place at least one trade every 30 days to stay active.

PayoutsConditionalPayout deniedVerified

Payouts & split

80% split (scalable up to 90%); Instant is a fixed 90%. Payouts every 14 days on eval/funded (first 14 days after starting live trading); Instant is on-demand. There's a $40 Riseworks processing fee per payout, minimum payout reported at $100, paid by bank wire or crypto. A monthly base reward ($50–$1,000) is also paid if the stipend conditions are met. KYC required.

Gotcha: The $40 Riseworks fee per payout eats small withdrawals.

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Informational and comparison content only — not financial advice and not affiliated with Lark Funding. Rules change often; verify against Lark Funding's official terms before relying on any detail. Last reviewed Jun 5, 2026.